Updates
Agent Licensing Changes Effective January 1, 2021
Find more information on these upcoming changes and related documents on Pearson VUE's VA CE page.
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Virginia Bureau of Insurance |
Helpful Links |
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ph: (804) 371-9741 fax: (804) 371-9349 email: bureauofinsurance@scc.virginia.gov website: www.scc.virginia.gov/boi/ |
In order to renew your insurance license, you must complete the required continuing education hours for the lines of insurance that you are licensed in. If dual licensed (LH/PC), a minimum of 8 hours must be completed in each license type held. All of the hours must be completed and reported prior to your license renewal date to avoid a lapse in your license.
Total Hours
16 hours biennially for Producers licensed in a single line (Life/Health OR Property/Casualty)
24 hours biennially for Producers with combined licenses (Life/Health AND Property/Casualty)
Compliance Renewal Date
Renewal date is 12/31 of even-numbered years.
You may also need to take specific courses or earn specific credit types to renew your license. These course completions will count toward the total hour requirement.
Only 75% of CE requirement may be earned from courses hosted by an insurance company/agency.
For All Licenses:
Ethics
3 hrs - Producers must complete 3 hrs of Ethics as part of the total requirement. These 3 credit hours of insurance ethics may include insurance law and regulations.
For Life & Health Producers:
Annuity Suitability
4 hrs - Effective April 1, 2017: Producers must complete a one-time 4-hour Annuity Suitability Certification Training prior to selling, soliciting, or negotiating annuity products. Producers already licensed and involved in the sale, solicitation or negotiation of annuity products must complete an approved one-time 4 hour course no later than January 1, 2018.
Long-Term Care Partnership
8/4 hrs - Producers must complete an initial 8-hour Long-Term Care Partnership (LTCP) Certification Training prior to selling, soliciting, or negotiating Long-Term Care Partnership products/policies. After completing the initial requirement, producers must complete a 4-hour ongoing LTC training, due on the completion date of the 8-hour training, every 24 months thereafter. Two of the hours of both the initial and ongoing training must be VA-specific content. (Failure to complete the ongoing 4-hour training course within 24 months of completion of the 8-hour initial course will forfeit recognition of the 8-hour initial course by the VA Dept of Insurance.)
Non-Residents who have completed an 8-hour NAIC LTC course in another state must also complete 2-hour VA-specific content on Partnerships and Medicaid (initial only).
For Property & Casualty Producers:
Flood
3 hrs - Property/Casualty and Personal lines producers must complete a one-time 3-hour course on NFIP Flood Insurance Certification Training prior to selling flood insurance policies.
There are also additional rules about how the course hours can be applied.
Excess credit hours may be carried over to the next reporting period, but must be reported in biennium in which course was taken.
Courses may not be taken more than once in a reporting period.
If you meet any of criteria below, you may be exempt from the continuing education requirements.
Once you have determined the renewal requirements for your license, you can register for courses. Each course has an associated credit type; when registering for courses, select courses with credit types that will help to fulfill the renewal requirements for your license.
PreLicenseTraining.com offers classroom, webinar, online, and self study courses for Virginia. You can register for courses under the Continuing Education menu at CE Courses.
You must fulfill the course requirements for each of the courses to have them reported.
*Self study exams are required to be monitored by a supervisor, supervisor-authorized co-worker, test administrator, or disinterested third party (an individual not related to or able to benefit from actions of the agent).
*Online course exams do not require a monitor.
Once a course has been completed, the completion must be reported to the state. PreLicenseTraining.com will report the course completions to Sircon. Producers must pay the $15 Continuance Fee to renew the license. Follow instructions at http://www.virginiainsurancece.com/.
Once you have satisfied the renewal requirements for your license, you can file a renewal application at www.sircon.com.
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